ANGOLA:
Angola targets Israeli investments in the field of fertilizer: "In Angola, the authorities are counting on Israeli investments in the field of fertilizers in order to stimulate agricultural production and contribute to the diversification of the economy. This is what indicates Domingos Nazaré Veloso, National Director of Forestry at the Ministry of Agriculture. Speaking about investment opportunities in the agricultural sector in the margins of the first Angola-Israel business forum, the Director, whose remarks are reported by Macauhub, explains that the internal market is currently satisfied with a volume of fertilizers between 70,000 and 100,000 tons, while demand is between 200,000 tons and 300,000 tons. According to Veloso, this reduced level of supply is one of the main factors limiting agricultural production in the country, alongside the low rate of mechanization in agriculture..."
ETHIOPIA:
Chicken meat production is expected to reach 53,000 tons in 2017: "In 2017, Ethiopia is expected to produce 53,000 tons of chicken meat, according to a report published by the US Department of Agriculture (USDA) on June 12. This volume, in a slight increase of 3,000 tons from the annual average, should make it possible to meet local demand to reach 50,000 tons by the end of the year. If compared with the figures recorded in other African countries, such as South Africa, the Ethiopian chicken industry is still in its infancy. The USDA stresses that growth prospects for the sector remain positive. Indeed, according to the organization, as Ethiopia is among the world's lowest consumers of poultry (average per capita of 0.5 kg/year against 2.3 kg/year in the sub-Saharan zone), demand for meat is expected to grow due to consumer appeal for cheap protein sources, due to rising per capita incomes and changing consumer habits linked to the increasing urbanization..."
GHANA:
Ghana should draw on the stabilization fund to pay cocoa producers in 2017/2018: ""In order to pay the cocoa producers in the next season, the Ghanaian Government should probably use the stabilization fund," Bloomberg reports. Accumulated during the years of rising world prices of raw materials by the executive, the fund is intended to mitigate the impact of price volatility on producers. According to Bloomberg, this strategy is all the more necessary in order to enable the Ghanaian Cocoa Council (Cocobod) to financially assume its choices for the sector. In fact, the Cocobod, which did not lower its producer price during the intermediate harvest, plans to renew this same tariff during the next season 2017/2018, despite its heavy debt ($2.2 billion) and the fact that its export earnings have suffered from the tumble of prices..."
MADAGASCAR:
KfW releases 14 million Euros to reduce Sava's fuel consumption by 80%: "The German Development Bank KfW has released 14 million Euros for a rural electrification project in Madagascar. The funds allocated will be used to construct five hydroelectric power stations with an overall capacity of 13.3 MW in the Sava region. Their production will reduce by 80% the budget allocated by the region to the purchase of fuel to produce electricity..."
SENEGAL:
Senegalese eat better in 2017 according to the World Bank: "Senegalese eat better today than ten years ago. In terms of nutrition, the country of West Africa has gained a small reputation as confirmed by the World Bank, satisfied with the efforts provided by the Senegalese authorities in the fight against malnutrition. In Dakar, the capital of the country, on Tuesday, June 13, at the launching ceremony of the evaluation report of the Nutrition Strengthening Program (NCP), the Director of Operations of the World Bank, Louise Cord, has considered the efforts made by Senegal in the fight against malnutrition "satisfactory"..."
BURKINA-FASO:
Société Générale launches its first digital agency: "Société Générale Burkina Faso launched on June 7 its first digital agency called "WeliBank". This agency allows customers to quickly perform the most common operations through a tablet. "WELIBANK" is in fact a new way of communicating with customers. The customer can easily check their account, list their last transactions, order a card, checkbook, subscribe to a product, and ask questions to the bank, in short, be autonomous by performing their operations smoothly with a tablet at the level of the agency," suggests the General Director of Société Générale Burkina Faso, Jean Marc Mancel..."
NIGERIA:
According to official figures, the return to service of the Forcados oil terminal will bring Nigerian exports of crude oil to 1.84 million b/d (barrels per day) in July 2017. According to data published by Shell operating the terminal, the loadings which are currently of 197,000 b/d, will increase to a minimum of 252,000 b/d by July. At the same time, exports of Angola, Nigeria's main competitor, are expected to reach 1.55 million b/d, according to Reuters. These figures will enable Abuja to move ahead of Angola in the ranking of the most important exporters of black gold. However, this does not mean that Nigeria will again become the largest African producer of crude oil, a status taken from it by Angola in November 2016..."
Crédit : IMPERIUM MEDIA
